On Holding Sees 69% Jump in Net Sales on Strong Demand

On Holding Sees 69% Jump in Net Sales on Strong Demand

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On Holding AG (NYSE: ONON) reported a 68.7% jump in net sales for 2022 on strong demand for its running shoes. Net sales rose to CHF 1,222.1 million, surpassing the CHF 1 billion mark for the first time in its history, On said. The company reported a gross profit margin of 56.0%, net income of CHF…

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